The August jobs report is in, and as MSNBC admitted Friday morning, "it’s a disappointment, a big one.” Only 142,000 jobs were added in the last month, the “worst level of job creation all year long.”
Morning Joe’s Mika Brzezinski and Joe Scarborough invited on CNBC reporter Sara Eisen to give her take on the new jobs report. She and her hosts, who are literally groaning in response to the news, were clearly not happy to report the 80,000 job shortfall:
Eisen: It’s a disappointment, a big one. The economy only added, guys, 142,000 jobs during the month of August. Economists were looking for a number above 200,000. 220,000 was the estimate... It is actually the worst level of job creation, in terms of the monthly number, all year long. We were going solid above 200,000.
Eisen tried to offer one positive from the report, the unemployment down-tick, but immediately dismissed it, citing the likelihood that it's just a result of more Americans dropping out of the workforce:
Eisen: I guess if you want to say something on the plus side, unemployment did tick down to 6.1 percent. Still, that could just be a reflection of fewer people working. This is not a good report...
H/T TheDC.



